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Rhode Island · Nonprofit

HOUSING OPPORTUNITIES CORPORATION

HOUSING OPPORTUNITIES CORPORATION (Rhode Island) receives grants from 1 organization whose IRS filings report $0 to it, the largest being OCEAN STATE JOB LOT CHARITABLE FOUNDATION ($0). 0 of them have funded it in more than one year.

Revenue FY2025
$4.5M
Funders on record
1
Grants received
$0
Net assets
$1.4M
0/1 repeat funders
01What it does

What Housing Opportunities Corporation does

Mission

Management services provided to benefit low income housing.

As stated on its FY2025 Form 990.

Program

  1. Provide management services to low and moderate income housing projects which are sponsored by womens development corporation and womens opportunity realty corporation, 501(c)(3) affiliates.

    $4,128,682 spent$4,366,003 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $4,128,682.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.5M) Expenses 100 ($2.3M) Net assets 100 ($1.4M)2018 Revenue 104 ($2.6M) Expenses 104 ($2.4M) Net assets 113 ($1.6M)2019 Revenue 108 ($2.7M) Expenses 114 ($2.6M) Net assets 117 ($1.6M)2021 Revenue 132 ($3.3M) Expenses 136 ($3.1M) Net assets 130 ($1.8M)2022 Revenue 119 ($3.0M) Expenses 142 ($3.3M) Net assets 101 ($1.4M)2023 Revenue 129 ($3.2M) Expenses 147 ($3.4M) Net assets 88 ($1.2M)2024 Revenue 148 ($3.7M) Expenses 160 ($3.7M) Net assets 87 ($1.2M)2025 Revenue 178 ($4.5M) Expenses 185 ($4.3M) Net assets 99 ($1.4M)
'17'18'19'21'22'23'24'25
Revenue (178)Expenses (185)Net assets (99)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.9M to $1.6M (−14%).

$1.4M
$1.6M
$1.7M
$1.9M
$1.6M
$1.7M
$1.7M
$1.7M
'17'18'19'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 12% · 2023 2% · 2024 2% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.

2% of HOUSING OPPORTUNITIES CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$183k
’17
$175k
’18
$63k
’19
$149k
’21
−$312k
’22
−$187k
’23
−$10k
’24
$175k
’25
0.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Julia Bush

Chair

As listed on its FY2025 Form 990.

'17'18'19'21'22'23'24'25
Listed66677755
Joined·+1+1·+0+0+3+0
No longer listed·11·0050
03Who funds it
04Its place in the field

Against its field

HOUSING OPPORTUNITIES CORPORATION has grown faster than half of the 2,196 housing & shelter nonprofits its size.

Operating margin4% · below the median
Months of reserve0.8mo · bottom quartile
Revenue growth (annualized)7% · above the median

this organization peer median middle 50% of peers· 2,196 housing & shelter nonprofits $1M–$10M, FY2025

Organizations like HOUSING OPPORTUNITIES CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Rhode Island

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

97% of spending goes to programs.

Program 97%Management 3%Fundraising 0%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 9 related entities

  • Womens Development Corporation · exempt
  • Plaza Esperanza Inc · exempt
  • Allegria Court Inc · exempt
  • Saugatucket Springs Inc · exempt
  • Villita Apartments Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for HOUSING OPPORTUNITIES CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds HOUSING OPPORTUNITIES CORPORATION?
HOUSING OPPORTUNITIES CORPORATION (Rhode Island) receives grants from 1 organization whose IRS filings report $0 to it, the largest being OCEAN STATE JOB LOT CHARITABLE FOUNDATION ($0). 0 of them have funded it in more than one year.
How many funders does HOUSING OPPORTUNITIES CORPORATION have?
IRS filings report 1 organization giving $0 in grants to HOUSING OPPORTUNITIES CORPORATION.
Who is the largest funder of HOUSING OPPORTUNITIES CORPORATION?
OCEAN STATE JOB LOT CHARITABLE FOUNDATION is the largest funder on record, with $0 in grants. The full list of funders is on this page.
How can an organization like HOUSING OPPORTUNITIES CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Rhode Island. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing